Eden Energy will continue to wait to sell its entire UK coal seam methane and shale gas portfolio for up to £11.5 million ($21 million), due to UK-based buyer Shale Energy failing to complete a £7 million capital raising for the purchase.
Western Australians could be using energy converted from municipal solid waste in less than two years if companies proposing waste-to-energy plants achieve their timeframes.
McAleese Resources, a subsidiary of McAleese Group, has been awarded a four year, $250 million iron ore haulage contract for Atlas Iron's Mt Webber mine in the Pilbara.
Engineering and construction business Decmil Group has won a $147 million contract for work on the expansion of the Manus Island detention centre, taking its total awarded work at the centre to $284 million.
Australian engineering group UGL has been awarded a five-year multi-million dollar contract to maintain energy giant Chevron's Western Australia gas assets.
The Reserve Bank of Australia is keeping an open mind on further interest rate cuts, but says monetary policy can't do all the heavy lifting in the economy.
The state's peak business group has hired a former chief of staff to premier Colin Barnett as its new chief executive. Deidre Willmott will succeed James Pearson as CCI chief executive.
The Australian dollar has fallen below 89 US cents for the first time in four months as expectations about an upcoming US Federal Reserve announcement continue to weigh on the currency.
Perth residents can now see how their hometown stacks up against the world's greatest cities via a ground-breaking online project, which compares life in global urban centres.
The City of Perth has lashed out at the Development Assessment Panel system, saying it creates, rather than reduces, red tape in the planning approvals process.
Perth-based miner Pacifico Minerals has entered an agreement with Miguel Angel Perez Villa to acquire up to a 90 per cent interest over three years of its share of the Berrio gold deposit in Antioquia, Colombia.
Perth-based gold explorer Primary Gold will raise up to $2.4 million for its Toms Gully mine at the Mt Bundy gold project in the Northern Territory with its appointed lead manager Patersons Securities to underwrite up to $1 million to the rights issue.
Bulletin Resources has enlisted its major shareholder Matsa Resources to acquire up to a 75 per cent interest for its Halls Creek gold projects in a $4.4 million binding term sheet.
Former agricultural investor AACL Holdings has completed a makeover and become a technology company after acquiring Applabs Technologies for $1.2 million.
Forge Group shares have risen on news it has secured a $40 million contract, helping to repair an 80 per cent single-day nose dive in late November when it announced a $127 million profit writedown on two power stations.
The Western Australian Cricket Association and Ascot Capital have confirmed they will no longer go ahead with a $500 million redevelopment of the WACA ground after the developers failed to hit pre-sales targets for apartments.
